According to a new report released by the Office of Advocacy of the U.S. Small Business Administration, small businesses accounted for 99.7% of all the U.S.’s employer businesses, and employed 57.4 million Americans in 2005.
Thomas Sullivan, chief counsel for the Office of Advocacy acknowledged the vital role small businesses play in the economy. In a [...]
Continue reading about Small-Businesses Remain Major Driver in Economy
Entrerepenuer.com recently spoke to experts in the field of marketing to see what marketing tactics are proving most effective in reaching today’s market. A market that is not only older and more multicultural, but a little more savvy. The standard sales pitch doesn’t work on this crowd.
According to the experts, here’s what will be popular:
89 [...]
Do your employee’s understand your business strategy? Are they engaged in their jobs? If they do and are, count yourself among the lucky. According to a survey by Right
Management Consultants, approximately two-thirds of employees do not know or understand their employer’s business strategy and are not engaged in their jobs.
What are the ramifications of this [...]
The old school of thought usually perceived non-profit and for-profit organizations on opposite ends of the spectrum, with little in common. For-profit businesses focus on growing profits by increasing revenues and controlling costs to ultimately increase shareholder value. While on the other hand, non-profit groups promote a cause or help the needy. Their worth is [...]
With rising fuel costs and general costs of doing business, it is not uncommon to see a business owner pass these costs onto the client. However, how you choose to pass those costs on can potentially alienate your customers. For example, customers are more likely to accept a increase in your overall hourly rates than [...]
The U.S. Small Business Administration has just launched new online resources for young entrepreneurs at the Mind Your Own Business teen Web site www.mindyourownbiz.org, to help young entrepreneurs succeed in the world of business.
Created in collaboration with Junior Achievement, the site walks visitors through five easy steps of business ownership. The easy to naviagate site [...]